Staring at non-farm payroll data and guessing back and forth is not as good as waiting for the results to be released before taking action. To be honest, jumping in now is no different from gambling—you're just saving the trip to Macau.
Tonight's non-farm payroll data covers both October and November. How important are these figures? Powell has already made it clear: the performance of non-farm payrolls and inflation data will directly determine the market's expectations for the pace of rate cuts next year.
The logic is simple—better-than-expected non-farm data reduces the likelihood of rate cuts, signaling a bearish outlook; conversely, it’s bullish. This is not mysticism; it’s a direct correlation between policy and data.
Instead of commenting blindly in the discussion area, it’s better to stay calm and see what the data says.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Staring at non-farm payroll data and guessing back and forth is not as good as waiting for the results to be released before taking action. To be honest, jumping in now is no different from gambling—you're just saving the trip to Macau.
Tonight's non-farm payroll data covers both October and November. How important are these figures? Powell has already made it clear: the performance of non-farm payrolls and inflation data will directly determine the market's expectations for the pace of rate cuts next year.
The logic is simple—better-than-expected non-farm data reduces the likelihood of rate cuts, signaling a bearish outlook; conversely, it’s bullish. This is not mysticism; it’s a direct correlation between policy and data.
Instead of commenting blindly in the discussion area, it’s better to stay calm and see what the data says.